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Green home builder takes £ 8.4million loan to start estate in Sheffield UK News

Leeds-based Citu borrowed the money to build the first 46 houses in Kelham Central, between Alma, Russell and Cotton streets, on a former industrial site on Kelham Island.

The company plans to manufacture panels from wood at a factory in Leeds and assemble them on site, reducing construction time, waste and carbon footprint, it is claimed.

Kelham Central will consist of a total of 114 residential units. They will not have a gas boiler and will rely on “excellent insulation, an airtight thermal envelope and a heat recovery mechanical ventilation system that transfers the heat generated by the house to the fresh air. entering, maintaining a constant flow of fresh air, while keeping the heat trapped ‘. They require up to 10 times less heat than a typical British house, it is claimed.

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Chris Thompson, CEO of Citu.

The company has been working at a nearby site, Little Kelham, for seven years and says the 153 homes, stores and offices are “nearing completion.” Residents complained of being cold in 2019.

Chris Thompson, Managing Director of Citu Group, said: “In the face of the climate emergency, companies are increasingly aware of the footprints and environmental awareness of their stakeholders. Banks have a great influence in directing funds to climate-conscious projects and businesses, and we welcome Aldermore’s vision in supporting us to make this important project a success. “

Image of Kelham Central.

Iain Bryson, head of development and specialist real estate at Aldermore, said they are determined to work with construction companies, home builders and real estate developers to finance “high quality, low emission developments. carbon and sustainable “.

Declaring that the “proposal endangers a large area of ​​recreation and biodiversity space”.

He added: “As a developer, Citu has the potential to offer the high standard of housing that the region deserves. However, residents of Kelham Island will certainly prefer that they finish work on the estate first. “

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Thank you. Nancy Fielder, editor.

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This notice was published: 2021-06-21 16:06:33

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